Input credit
This query is : Resolved
08 November 2014
Sir,
I would like to know :
We are importing goods from China and from all over States of India for re-sale. We are registered dealer of Karnataka State.
Whether we can avail input tax credit on all purchases?
Please help
Thanks
Vinod
I would like to know :
We are importing goods from China and from all over States of India for re-sale. We are registered dealer of Karnataka State.
Whether we can avail input tax credit on all purchases?
Please help
Thanks
Vinod
08 November 2014
VAT input credit is available on all purchases. Import purchase may NOT qualify for input credit.
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